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PR No.219 FINANCE MINISTER CHAIRS MEETING TO REVIEW FBR BUDGET PROPOSALS Islamabad

Federal Minister for Finance, Senator Mohammad Ishaq Dar here on Wednesday chaired a meeting to review the latest position of revenue collection and budget related proposals of the FBR.

Special Assistant to Prime Minister on Revenue, Haroon Akhtar Khan was also present.

Chairman FBR Nisar Mohammad Khan updated the meeting on the state of revenue collection. He said in line with the instructions given by the Finance Minister, all out efforts are being made to achieve the target of Rs. 3104 billion for the current fiscal year. He said the revenue collection so far is very encouraging and makes FBR confident that the target for FY 2015-16 would be met.

The meeting was given a briefing about the FBR proposals for the budget 2016-17. Chairman FBR on the occasion said that different stakeholders including chambers of commerce and industries, traders, businessmen, professionals, experts and think tanks have been thoroughly consulted before formulating the proposals. He said the exercise has been very fruitful in obtaining inputs for the budget 2016-17.

The Finance Minister said that FBR strategy for the current budget should  be to facilitate the filers while taking strict measures against non-filers and tax evaders. He appreciated the hard work put in by FBR team for formulating budget proposals and interaction with stakeholders. He added that while finalizing the proposals the government’s drive for economic growth must be kept in mind.

Senior officials of the Ministry of Finance and FBR attended the meeting.

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